Trump has spoken fondly of the "beautiful letters" Kim wrote to him after their first meeting and, during this year's campaign, said he could rein in the North Korean leader's behavior; the president-elect says Kim "misses" him. Newsweek has reached out to Trump's team and the North Korean embassy in Beijing for comment.

President-elect Donald Trump's team is discussing pursuing direct talks with North Korean leader Kim Jong Un, hoping a fresh diplomatic push can lower the risks of armed conflict, according to two people familiar with the matter.

President-elect Donald Trump wants to meet with North Korean dictator Kim Jong Un to ease tensions in Korea, but Kim has cast doubt on such a meeting occurring.

SEOUL (Reuters) - South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the finance ministry said, as the sector grapples with Chinese competition and uncertainties over a new U.S. administration.

South Korea plans to bolster its fiscal support for domestic chipmakers next year, shoring up an industry that may face unfavorable policies from the incoming Trump administration and more intense challenges from Chinese rivals.

The country is constructing what it expects to be the world's largest high-tech chipmaking cluster in Yongin and Pyeongtaek.